David Strom
About David Strom
David Strom is the President of Prime Retirement Solutions, LLC, specializing in cash balance and pension plans, and holds multiple professional designations in retirement plan administration.
David Strom - President of Prime Retirement Solutions, LLC
David Strom serves as the President of Prime Retirement Solutions, LLC. In this leadership role, he oversees the strategic direction and operational activities of the firm. The company's mission is to provide retirement plan solutions that cater to the needs of closely held businesses, ensuring partners and shareholders can maximize their retirement contributions effectively.
David Strom's Education and Expertise
David Strom graduated summa cum laude from UCLA, exemplifying academic excellence in his field. His expertise lies in cash balance plans and pension plans, enabling him to design retirement solutions that meet the specific needs of clients. His qualifications are further solidified by his membership in the American Society of Pension Professionals and Actuaries and his designations as a Qualified Plan Administrator, Qualified 401(k) Administrator, and Qualified 401(k) Consultant.
Enhanced Tax-Deferred Retirement Contributions
At Prime Retirement Solutions, LLC, David Strom specializes in offering enhanced tax-deferred retirement contributions for partners and shareholders of closely held firms. His approach ensures that clients can maximize their retirement savings while benefiting from tax advantages. This service is particularly beneficial for businesses looking to optimize their financial planning and secure future stability for their stakeholders.
Communicating Technical Rules of Qualified Plans
One of David Strom's key skills is his ability to communicate the complex technical rules of qualified retirement plans in an accessible and understandable manner. This talent ensures that clients have a clear understanding of their plans and can make informed decisions regarding their retirement strategies. By simplifying intricate regulations, David enhances clients' confidence and clarity in their retirement planning.